Considering a home improvement project, but not sure it’s worth the time and money? A refreshing home can add value. If you’re looking to sell or just want to make your home more comfortable, there are several updates you can do, big and small.
There are many home projects to consider when updating your home, and not all come with a big price tag. Let’s talk about projects that will get you the most bang for your buck.
Give the kitchen a simple makeover
Most home buyers are looking for modern, updated kitchens and a few minor upgrades will get the job done. Replace the faucet, update cabinets – either by repainting them or replacing them with new ones, upgrade countertops, and add a backsplash to create a new look.
Even if you’re not looking to sell, it’s still well worth it if you spend a lot of time in your kitchen!
Remodel your bathrooms
A bathroom remodel doesn’t have to be extreme to add value to your home. Update vanities, toilets, faucets, and add some fresh paint to transform the look. Home buyers will love this!
Freshen up flooring
Hardwood floors have been popular for many years and continue to add value to homes. If you have old carpet, consider replacing it with wood flooring to make your home look and smell new again.
Improve curb appeal
Curb appeal is the first impression of your home. It sets the tone before seeing the inside of your home. Make sure grass and hedges are trimmed and bring in fresh mulch or sod if needed. Replace the front door and add new windows if your current ones look old or are deteriorating. This will help buyers feel they’re entering an inviting, attractive home.
Replace the roof
The roof is one of the most important parts of a home, so upgrading it is an important project that home buyers will notice. It’s not the most exciting home project, but it’s a necessary maintenance task. If you’re unsure about the current condition of your roof, get a professional roof inspection and go from there.
Add a deck
Outdoor living areas are a hot item on many buyers’ wish lists. A deck creates an extra space to relax, dine, entertain guests, and enjoy the outdoors. If you’re looking to add a deck to your home, it’s a great time of year to get it done before summertime.
It’s hard to choose just one! If you’re unsure which projects would be best for you and your home, here’s a few tips to help you decide.
Prioritize projects
We know it’s tempting to build an outdoor living area, but the important structural parts of your home may need attention first. Figure out if you need a new roof, windows, HVAC, etc. Once you know all of those look good, you can move on to the fun stuff.
Think about your goals
If you’re thinking of selling your home in the near future, choose projects that attract buyers and give you the best ROI. If you’re staying in your home, choose projects that will improve your quality of life the most.
Set a budget (and stick to it)
Don’t start a project you know you can’t afford. Figure out how much you have to spend and stick to that amount!
If you have equity in your home, you can use it to make a variety of home improvements. LCU offers home equity loan options to help. We’d love to talk with you about your next home project! Give us a call at 1-888-581-8345 to schedule an appointment.